 |
Louisiana Light • 5 days | 81.57 | -4.31 | -5.02% | ||
|
Bonny Light • 2 days | 86.24 | -1.35 | -1.54% | ||
|
Opec Basket • 5 days | 92.67 | -3.64 | -3.78% | ||
|
Mars US • 21 hours | 75.06 | -2.03 | -2.63% | ||
|
Gasoline • 10 mins | 2.496 | +0.112 | +4.69% |
|
Bonny Light • 2 days | 86.24 | -1.35 | -1.54% | ||
|
Girassol • 2 days | 86.05 | -1.20 | -1.38% | ||
|
Opec Basket • 5 days | 92.67 | -3.64 | -3.78% |
|
Peace Sour • 13 hours | 70.96 | -2.03 | -2.78% | ||
|
Light Sour Blend • 13 hours | 72.26 | -2.03 | -2.73% | ||
|
Syncrude Sweet Premium • 13 hours | 81.21 | -2.03 | -2.44% | ||
|
Central Alberta • 13 hours | 70.56 | -2.03 | -2.80% |
|
Eagle Ford • 5 days | 75.22 | -4.20 | -5.29% | ||
|
Oklahoma Sweet • 5 days | 75.25 | -4.25 | -5.35% | ||
|
Kansas Common • 36 days | 84.00 | +3.50 | +4.35% | ||
|
Buena Vista • 5 days | 88.45 | -5.37 | -5.72% |
Breaking News:
Oil Bears Beware, Crude Prices Could Soon Spike
While sentiment in oil markets…
Europe’s Scramble For Oil And Gas Is Causing A Tanker Shortage
As Europe scrambles to get…
Energy / Energy-General
China And Russia Move To Disrupt The Dollar’s Dominance In Oil Markets
The long-mooted prospect of the end of the U.S. dollar’s hegemony in the global oil and gas markets took another step towards realisation last week with the announcement…
OPEC Remains Below Production Target Despite Boosting Output Again
OPEC raised its August oil production by 618,000 bpd, according to the group’s Monthly Oil Market Report published on September 13. According to OPEC’s secondary sources, OPEC raised its production…
Russia’s Energy Blackmail Is Backfiring
In early September 2022, Russian President Vladimir Putin spelled out his intention to punish Europe for resisting Russia’s assault on the world order and supporting Ukraine louder and…
How Millions Of ‘Cheap’ Electric Heaters Could Crush Germany’s Power Grid
Maybe they ran out of firewood to buy. A few weeks after we reported that google searches for "firewood" exploded in
Hedge Funds Ditch Diesel As Economic Fears Mount
Institutional traders are selling their fuel positions at the fastest rate since early March as a slowdown looms over much of the world. This is the latest sign…
The Global Fuel Market Will Remain Tight For Years To Come
Record volumes of refining capacity have been shut down over the past two years, which will lead to tight global fuel markets that will last at least through the middle…
Why The EU Is Struggling To Bring Its Energy Crisis Under Control
Last Friday, the energy ministers of the 27 EU members met for an emergency discussion of the energy supply situation in the bloc. The one thing they agreed…
Understanding Quantum Matter In Superconductors
SLAC National Accelerator Laboratory researchers discovered that nickel oxide superconductors contain a phase of quantum matter, known as charge density waves, that’s common in other unconventional superconductors.
Which Is The Best Electric Semi-Truck?
Electric semi trucks are coming, and they could help to decarbonize the shipping and logistics industry. However, range remains a major limitation. This presents…
Germany Is Now Paying Russia More Money For Fewer Imports
The value of Germany’s imports from Russia jumped by 10.2% to $2.94 billion (2.9 billion euros) in July, compared to the same month a year ago, mostly as a result…
Europe’s Natural Gas Shortage Could Trigger A Food Crisis
The problem with an energy crisis is that it’s actually an everything crisis. In a world where virtually every industry relies on energy in some form, runaway inflation…
Oil Prices Under Pressure As Demand Concerns Mount
Oil prices fell early on Monday morning as bearish sentiment continued to weigh on markets amid expectations of further interest rate hikes and concerns about Chinese oil demand. Brent…
Oil Rig Count Slides In Tough Week For Crude
The number of total active drilling rigs in the United States dropped by 1 this week, according to new data from Baker Hughes published on Friday. The total rig count…
EU Ministers Call For 10% Cut In Energy Consumption
A meeting of EU energy ministers on Friday has suggested that each EU country implement strategies to reduce overall electricity consumption by a minimum of 10 percent, the…
Why Europe Won’t Exploit Its Huge Gas Reserves
As energy prices continue to soar across Europe, with gas prices surging 26% on Monday after Russia stopped pumping via Nord Stream 1, the highly contentious…
Economists Warn Energy Bill Price Caps Could Lead To Blackouts In UK
Economists are warning prime minister Liz Truss’s decision to freeze energy bills for everyone in the UK at £2,500 raises the risk of blackouts. Experts at…
Mergers And Acquisitions Are Back With $10 Billion In New Deals
The last two energy crises that threatened hundreds of energy companies with bankruptcy have rewritten the oil and gas M&A playbook. Previously, oil and gas companies made numerous…
Magnetic Breakthrough Could Help Save Electricity
Scientists from the U.S. Department of Energy’s Ames National Laboratory and Oak Ridge National Laboratory conducted an in-depth investigation of the Kagome layered…
China's Annual Oil Demand Could Drop For The First Time In 20 Years
Sudden Covid lockdowns will weigh on China’s oil demand this year as people avoid mass travel around holidays, dragging fuel consumption in the world’s top crude importer down for 2022…
Bearish Sentiment Builds In Oil Markets
Bearish sentiment appears to be running rampant in oil markets, with OPEC+ production cuts and supply threats from Russia unable to significantly slow the oil price slide.Oilprice Alert: This…
